Over 40% of UK employers planning to increase investment in skills

16 Jul 2021

More than 40% of UK employers are planning to increase investment in training compared with pre-COVID levels, according to the 2021 Confederation of British Industry (CBI)/Birkbeck, University of London Education and Skills Survey.

The survey, which was completed by 252 respondents, shows how businesses are responding to accelerating changes to work.

It showed that over the next three to five years companies expect to have greater need for people with skills at all levels.

Employers most expect the need for other workplace skills unattached to qualifications – such as communication and teamwork - to increase. However, respondents are the least confident about meeting these skills needs.

The CBI Education & Skills Survey is published against a backdrop of many companies struggling to fill vacancies, as the economy reopens rapidly from the pandemic.

Matthew Fell, CBI Chief UK Policy Director, said: 'Firms are currently facing a perfect storm of staff shortages worsened by rising levels of self-isolation. They're taking immediate steps to resolve this, investing in skills and automation and strengthening inclusion. But the Government needs to play its part too on skills and immigration.

'To support individuals to gain new skills, the government should make flexible, bitesize training more accessible before the Lifelong Learning Entitlement is introduced in 2025.

'Building closer local links between employers and education providers will also be key to supporting every UK region and nation to thrive and ensuring our economy can fire on all cylinders.'

Home | Contact us | Accessibility | Disclaimer | Help | Site map | Accreditation |

© 2021 DSJ Partners (UK) Limited. All rights reserved. | DSJ Partners (UK) Limited, 2nd Floor, 1 Bell Street, London NW1 5BY

Registered in England & Wales Registration number: 09346452.

Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England & Wales. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number C004601804.

In accordance with the disclosure requirements of the Provision of Services Regulations 2009, our Professional Indemnity Insurers are Arch Insurance (UK) Limited. Contact details: 5th Floor, Plantation Place South, 60 Great Tower Street, London EC3R 5AZ. Policy number P0014402PI2020SU1.

We use cookies on this website, you can find more information about cookies here.